Wall St opens higher as soft inflation data eases rate-hike fears

Wall St opens higher as soft inflation data eases rate-hike fears

September 30, 2026 / Nathan Pine /


Published Wed, Sep 30, 2026 · 09:46 PM

[NEW YORK] Wall Street’s main indexes opened higher on Wednesday (Sep 30), as a softer-than-anticipated inflation reading buoyed hopes that the Federal Reserve might not hike rates as soon as next month.

The Dow Jones Industrial Average rose 74.9 points, or 0.15 per cent, at the open to 51,424.84.

The S&P 500 rose 18.1 points, or 0.24 per cent, at the open to 7,688.99​, while the Nasdaq Composite rose 95.3 points, or 0.36 per cent, to 26,892.796 at the opening bell. REUTERS



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Nathan Pine

I focus on highlighting the latest in business and entrepreneurship. I enjoy bringing fresh perspectives to the table and sharing stories that inspire growth and innovation.

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